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Aren't trusts just for people who are extremely wealthy?
"Some are extremely wealthy, with big savings and stock accounts.
These institutions are extremely wealthy and are invested in staying wealthy, but they are also consciously trying to make their education as accessible as possible to people who would not be able to afford it.
Yet an entire younger generation of wine lovers, say those 40-ish and younger, may grow old never having savored a great Musigny or a classic Château Latour, unless they are extremely wealthy or very lucky.
If that growth picks up and company earnings begin to improve, Mr. Rasco said, the bank's clients, who are extremely wealthy but still have large cash positions, would see that as a signal to invest more of their cash.
It's here you see inequality in action: for all the talk of inter-generational inequality, inheritance is a way of bolstering your family's position through the ages: if your parents are extremely wealthy you'll live a good life while they're here, then take on their assets.
Similar(48)
Do you personally know people whom you consider to be extremely wealthy?
Further, Karol pointed out that although Steve Forbes, who ran in 1996, was extremely wealthy, he was also extremely boring.
A lawyer by training, he is extremely wealthy and owns several luxury properties in Kampala.
My husband's ex-wife is extremely wealthy, and his daughters have recently come into multimillion-dollar trust funds.
He is extremely wealthy, she said, and any claim that he lacks the money to repair the house is absurd.
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